Gold and silver prices rose on May 27, driven by a weaker US dollar and geopolitical tensions, as investors awaited US inflation data and Federal Reserve insights.
Geopolitical tensions boost safe-haven demand
May 27, 2026
11:11 am
What's the storyGold and silver prices witnessed an uptick on Wednesday, driven by a weaker US dollar and ongoing geopolitical tensions in West Asia.
The COMEX gold futures rose by 0.34% to $4,517.70 per ounce while silver outperformed gold with a 1.32% jump to $77.615 per ounce.
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